Dollar Index (DXY): Key Levels to Watch 💵

27 Jan 2023

Here is my latest structure analysis for Dollar Index.

Support 1: 101.0 - 101.3 area
Support 2: 99.25 - 99.95 area
Support 3: 97.25 - 98.1 area

Resistance 1: 103.4 - 103.8 area
Resistance 2: 105.15 - 105.8 area

The market is slowing down after a strong bearish wave.
We will most likely see a pullback from Support 1.

Consider the underlined structure for pullback/breakout trading.